Sec Form 4 Filing - Gundumogula Prasad @ Mondee Holdings, Inc. - 2022-09-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Gundumogula Prasad
2. Issuer Name and Ticker or Trading Symbol
Mondee Holdings, Inc. [ MOND]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
10800 PECAN PARK BLVD, SUITE 315
3. Date of Earliest Transaction (MM/DD/YY)
09/06/2022
(Street)
AUSTIN, TX78750
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.0001 per share 09/06/2022 P 15,300( 1 ) A $ 12.36 6,282,692 D
Class A Common Stock, par value $0.0001 per share 09/07/2022 P 10,000( 1 ) A $ 12.41 6,292,692 D
Class A Common Stock, par value $0.0001 per share 60,800,000 I 100% by Mondee Holdings LLC( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 3 ) 01/18/2023 ( 3 ) Class A Common Stock, par value $0.0001 per share 100,000 100,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gundumogula Prasad
10800 PECAN PARK BLVD, SUITE 315
AUSTIN, TX78750
X X Chief Executive Officer
Signatures
/s/ Prasad Gundumogula 09/08/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares purchased on the open market by the Reporting Person.
( 2 )Mondee Holdings, LLC, a Delaware limited liability company ("Mondee Holdings, LLC"), is the record holder of such shares of Class A common stock, which were issued as consideration for Mondee Holdings II, Inc., a Delaware corporation, in its consummation of the business combination with ITHAX Acquisition Corp., formerly a Cayman Islands exempted company. Prasad Gundumogula and his wife are the only directors of Mondee Holdings, LLC. In addition, through Mondee Group LLC, Mr. Gundumogula beneficially owns the requisite number of units of Mondee Holdings, LLC required to approve transactions other than related party transactions between Mr. Gundumogula and Mondee Holdings, LLC. As such, Mr. Gundumogula has voting and investment discretion with respect to the shares of Class A common stock held of record by the Mondee Holdings, LLC and may be deemed to have shared beneficial ownership of the shares of Class A common stock held directly by Mondee Holdings, LLC.
( 3 )Pursuant to that certain employment agreement, effective as of July 18, 2022, by and between the Reporting Person and Mondee, Inc. ("Mondee") and filed as Exhibit 10.44 to the Registration Statement on Form S-4/A, filed on June 24, 2022 (the "Registration Statement") of Mondee Holdings, Inc., a Delaware corporation (the "Issuer"), Mondee agreed that it would award the Reporting Person 100,000 restricted stock units (the "RSUs") of the Issuer as part of the Reporting Peron's annual bonus. The RSUs vested on July 18, 2022, and the Issuer will deliver the underlying shares of its Class A common stock on January 18, 2023. The RSUs are subject to the terms and conditions of the Mondee Holdings, Inc. 2022 Equity Incentive Plan, filed as Exhibit 10.4 to the Issuer's Registration Statement.

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